DoubleLine Infrastructure Income Fund July 2019 webcast hosted by Andrew Hsu and Damien Contes, titled, Growth through Evolution.
Q2 hedge fund letters, conference, scoops etc
Landscape for Infrastructure Funding
Public Spending on Transportation and Water Infrastructure, by Level of Government 1956 to 2017
Source: DoubleLine, Congressional Budget Office
Existing Facilities – PPP Concession
Design-Build-Finance-Operate-Maintain (DBFOM) PPP
Trade War and Tariff Impact on Infrastructure
As of June 30, 2019
Source: DoubleLine, Bloomberg
Tariffs Threat Results in Frontloading of Shipments
As of May 31, 2019
Source: DoubleLine, Bloomberg
FEU: Forty-Foot Equivalent Unit; TEU: Twenty-Foot Equivalent Unit; CTS: Container & Trailer Services Ltd
Infrastructure Debt Issuance
As of June 30, 2019
Source: DoubleLine, Bloomberg
Market Update
Natural Gas Supply / Demand Imbalance
As of June 30, 2019
Source: DoubleLine, U.S. Energy Information Administration
Evolution of U.S. Tight Oil and Global Deepwater
Source: Wood Mackenzie
Price Efficiencies in Global Deepwater Leading to Reduced Payback Periods
Source: Wood Mackenzie
Long-Term Resiliency in Aviation
Source: DoubleLine, World Bank
SARS: Severe acute respiratory syndrome; GFC: Global Financial Crisis
Aviation – Fleet Ownership vs. Leasing
Source: DoubleLine, Boeing
Utilities and 2018 California Wildfires
As of June 28, 2019
Source: DoubleLine, Bloomberg
The above historical price chart is an illustration of PG&E’s corporate bond with maturity date of 3/1/2034. As of June 30, 2019, the DoubleLine Infrastructure Income Fund held 0.00% of PG&E.
5G Rollout to Necessitate Expansion in U.S Telecom Infrastructure
Source: Ookla 5G Map
Circles above indicate the total number of 5G nodes of that are present in each respective region. Colors are an indication of limited to broader availability of 5G coverage.
See the full report below.
